Wells Fargo Downgrades Bruker (BRKR) to Market Perform
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Bruker Reports Second Quarter 2016 Financial Results
August 2, 2016 4:06 PM EDTBILLERICA, Mass., Aug. 2, 2016 /PRNewswire/ --Â Bruker Corporation (NASDAQ: BRKR) today reported financial results for its second quarter ended June 30, 2016.
Bruker's revenues for the second quarter of 2016 were $371.7 million, a decline of 6.1 percent compared to the second quarter of 2015. Excluding a 3.1 percent net positive effect from acquisitions, Bruker reported a year-over-year organic revenue decline of 9.2 percent in the second quarter of 2016. Changes in foreign exchange rates did not impact the change in revenues relative to the second quarter of 2015.Â
Second quarter 2016 GAAP earnings per diluted share (EPS) were $0.09, compared... More
